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Peer to peer foreign exchange explained
Understand how to peer to peer foreign exchange works with this quick explanation, and how your company will benefit from using our system for your currency exchange needs. We give our clients the live mid-market rate in real-time. The ways of how the peer to peer system works are explained in detail on the reputed finance website, Cash and Treasury Management File. Click here for full access to the article.About Cash and Treasury Management FileCash Treasury Management File is a source of invaluable information and analysis for corporate treasury departments, corporate treasurers, cash managers and finance directors from all around the world. The CTM file provides background information, recent developments, news from the web, case studies and surveys/reports.Excerpt from the CTMF article:Peer to peer foreign exchange explained"Kantox offers the opportunity to match your transactions with other companies. In other words, you can buy or sell currencies to other companies, while at the same time side-stepping banks and brokers. It is the most efficient solution to exchange foreign currencies. When no matching is available with another company, Kantox provide access to the wholesale FX market (as they are FCA regulated) to trade at very tight spreads that they are able to achieve thanks to their size, Approach 2 in Figure."To read more, please click here for access to the full article.